Martinsville IN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1983
Baths:
MLS#:
22007446
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Are you looking for a great investment property with stable income? Or purchase to live in one unit and rent out the other? Come and see this 2-story duplex apartment located in Downtown Martinsville, IN. The main level, unit 9, has 2 good sized bedrooms, 1 bath, living room, and kitchen. Unit 9 has been cosmetically updated. The upper level, unit 10 has 3 bedrooms, 1 bath, living room, and kitchen. Both units have newer tankless electric hot water heaters. The exterior (roof, siding, and windows) updated in 2016. Large parking lot. Low maintenance. No grass to mow. Walking distance to the town square. Prime location. Both units currently leased with lease agreements good through Aug and Sept 2025. Tenants would like to remain with new owners if possible.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1894
Baths:
MLS#:
22001391
Subdivision:
No Subdivision

ADDITIONAL INFORMATION

Freshly renovated investment property! Already rented and managed with a great rate of return! This property is a double with two bedrooms and 1 bath per side. Owner pays water, and renter pays gas and electric.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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Martinsville Real Estate

The median home value in Martinsville, IN is $292,000. This is higher than the county median home value of $245,300. The national median home value is $338,100. The average price of homes sold in Martinsville, IN is $292,000. Approximately 54.73% of Martinsville homes are owned, compared to 30.41% rented, while 14.86% are vacant. Martinsville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Martinsville real estate agent to arrange a tour today!

Martinsville, Indiana has a population of 11,848. Martinsville is more family-centric than the surrounding county with 32.91% of the households containing married families with children. The county average for households married with children is 29.67%.

The median household income in Martinsville, Indiana is $52,599. The median household income for the surrounding county is $71,882 compared to the national median of $69,021. The median age of people living in Martinsville is 36.3 years.

Martinsville Weather

The average high temperature in July is 84.6 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 45.2 inches per year, with 20.3 inches of snow per year.

Martinsville Real Estate Market Conditions

  • Median sales price

    $292,000
    17.9% change since last quarter
  • # Active listings

    128
    30-day change

Martinsville Schools and Demographics

Education near Martinsville, IN

Metric City County
High School Graduates 83.57 88.48
College Degree - 2 year 7.93 8.89
College Degree - 4 year 12.07 19.11
Graduate Degree 3.27 5.08
Expenditures per Student 11,520 11,520
Students per Teacher 15.1 15.1

Elementary Schools near Martinsville, IN

School Grades Students P/T Ratio ZIP
Brooklyn Elementary School KG - 05 189 12.6 46111
Centerton Elementary School KG - 05 265 15.6 46151
Central Elementary School KG - 05 179 11.9 46151
Charles L Smith Elementary School PK - 05 327 19.2 46151
Green Township Elementary School KG - 05 242 16.1 46151
Monrovia Elementary School PK - 05 645 23 46157
Neil Armstrong Elementary School KG - 06 546 24.8 46158
Newby Memorial Elementary School KG - 06 324 20.3 46158
Northwood Elementary School KG - 06 541 23.5 46158
Paragon Elementary School KG - 05 290 17.1 46166
Poston Road Elementary School KG - 05 377 15.1 46151
South Elementary School KG - 05 416 17.3 46151
Waverly Elementary School PK - 06 348 24.9 46151

Middle Schools near Martinsville, IN

School Grades Students P/T Ratio ZIP
Martinsville West Middle School 06 - 08 551 15.5 46151
Monrovia Middle School 06 - 08 373 13.3 46157
Paul Hadley Middle School 07 - 08 709 18.2 46158
Ronald K Bell East Middle School 06 - 08 632 19.4 46151

High Schools near Martinsville, IN

School Grades Students P/T Ratio ZIP
Martinsville High School 09 - 12 1,560 18.7 46151
Monrovia High School 09 - 12 447 13.2 46157
Mooresville High School 09 - 12 1,364 21.6 46158

Demographics near Martinsville, IN

Metric City County
Neighborhood Type Suburban
Population 11,848 71,394
Population Density 2,616 177
Median Age 36.3 41.6
People per Household 2.6 2.6
Median Household Income 52,599 71,882
Average Income per Capita 25,182 33,600